Search

Begin New Search Topic COVID-19 Author Committee for Economic Development of the Conference Board

11. K-12: COVID-19 Disruption Must Lead To Overdue Reform

Author:
Committee for Economic Development of the Conference Board
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
High quality education is a critical pathway to career success and economic mobility, particularly for students from low-income backgrounds.1 An education system that invests in children beginning at the earliest ages and supports their development as both citizens and skilled workforce entrants of the future—with both in-demand cutting-edge abilities and knowledge and the tools to continue to upgrade their education and training across the course of their career—is a necessity to ensuring that US employers remain globally competitive and that all Americans share in broad-based and growing prosperity in the 21st century. Pre-pandemic, even with low measured unemployment, there were reasons to be worried that US education was failing to live up to its full potential to better serve many students. Employers remained worried about the preparedness of the workforce, with nearly 40 percent of employers reporting that they couldn’t attract workers with the skills they needed, even for entry-level jobs.2 Despite the lure of higher average wages and employment rates for college graduates, a third of recent high school graduates did not enroll in college in October of 2019, and based on past studies, only about forty percent of students who do enroll in college will complete a degree within six years.3 In 2018, nearly a quarter of full-time workers aged 25 to 64 were earning less than $15 per hour and the labor force participation of American workers between the ages of 25 and 54 remained stubbornly low.4 Policymakers, educators, and business leaders were already faced with the task of improving the status quo; as outlined in Early Education and Child Care: The Essential Sector and Developing the Future Workforce: Revitalizing Postsecondary Education and Training After COVID-19, the COVID-19 pandemic has upended the nation’s education and training at every level. Elementary and secondary education is no exception. The disruption to date has already set back student learning, widened existing educational disparities, and placed K-12 schools under enormous pressure to chart a viable path forward through the end of the pandemic even as local conditions remain subject to rapid change.
Topic:
Education, Reform, Economy, Economic Mobility, and COVID-19
Political Geography:
North America and United States of America

12. Developing the Future Workforce: Revitalizing Postsecondary Education and Training After COVID-19

Author:
Committee for Economic Development of the Conference Board
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
Education and training programs prepare not only better citizens but also skilled workforce entrants with in-demand, cutting-edge abilities and knowledge. That preparation is key to ensuring that employers remain globally competitive and that all Americans share in broad-based and growing prosperity. The COVID-19 pandemic has upended the nation’s education and training. Early Education and Child Care: The Essential Sector and K-12: COVID-19 Disruption Must Lead to Overdue Reform outlined the acute disruption to early childhood education and services and elementary and secondary education, but the fallout from COVID-19 has shaken all levels of education and training.
Topic:
Education, Higher Education, COVID-19, and Workforce
Political Geography:
North America and United States of America

13. US Health Care in the Pandemic

Author:
Committee for Economic Development of the Conference Board
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
Within a few short weeks in early spring, the COVID-19 pandemic began to unleash its devastation on the health and economic well-being of the American public. With this attack, it challenged the structure and basic foundations of the US health care system. In response to the growing deluge, US health care workers, public health officials, and health care industry leaders were the front line of defense against the virus. The whole country witnessed their extraordinary courage, fortitude, and rapid and unyielding response. A government stagnated by partisan politics joined to swiftly pass unprecedented relief and support legislation, waive regulation, and launch a historic, large-scale vaccine and treatment development effort in collaboration with the private sector. The US health care system has not collapsed. But as the US emerged from the initial weeks of the swift, unprecedented, and devastating destruction of the COVID-19 global pandemic, several significant shortfalls in the health care system became clear: the ability of the structure of the system to handle the challenge; the nation’s preparedness when the pandemic began; and finally, how the system has performed given the resources we have on hand. These three problems could be restated as: How should the nation change the fundamental structure of the health care system? What should we do now to respond to the current pandemic? And what should we do, once the smoke clears, to prepare for future pandemics?
Topic:
Health, Public Health, Pandemic, and COVID-19
Political Geography:
North America and United States of America

14. Meeting the Upskilling Challenge: Training in the Time of COVID-19

Author:
Committee for Economic Development of the Conference Board
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
COVID-19 has left tens of millions of Americans out of work or uncertain about the future of their current jobs, and thousands of firms urgently reassessing their own viability and path forward. Much remains unknown about the economy that will follow COVID-19. But clearly the pandemic’s whirlwind destruction has, first and foremost, hurt less-educated workers the most, with most of the job losses occurring in manual services, and has accelerated the innovative use of technology in the workplace. These two trends threaten to deepen inequality and add to the urgency of the upskilling and training challenge. Even before the pandemic led to the highest national unemployment rate since the Great Depression, American businesses and workers were anxious about how emerging technologies could potentially change which skills are in demand, and challenge workers to navigate careers requiring continual learning and adaptation.1 Both public policy and private sector leaders must prioritize support for building a US workforce with the necessary skills to outmaneuver this disruption. During pandemic-induced mass unemployment, the first task of policy is to restore as many Americans as possible to gainful employment as soon as the public health emergency allows. But after what is clearly the US’ second sizable economic downturn in barely a decade, workers cannot afford a slow recovery or one that leaves them just as vulnerable as they were before COVID-19 to technological innovation and job displacement. With innovative programs, this current crisis that has idled so many workers can be turned into an opportunity to meet this training and upskilling challenge.
Topic:
Employment, Economy, Training, COVID-19, Workforce, and Skills
Political Geography:
North America and United States of America

15. 2020 Election: Achieving a Safe, Accessible, and Credible Election during COVID-19

Author:
Committee for Economic Development of the Conference Board
Publication Date:
09-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The 2020 general election is already underway, with absentee ballots being mailed out and collected in some states. And what seemed worryingly possible in the spring is now inevitable: the COVID-19 pandemic will be an important factor in the conduct of this fall’s election. Every community must address the public health threat and facilitate safe participation. Policymakers, election officials, and business leaders must ensure that voters need not choose between exercising their franchise and protecting their health, and that the election itself does not further spread COVID-19.1 The Committee for Economic Development of The Conference Board (CED) strongly believes that transparent, fair, and accessible elections are fundamental to the confidence of US citizens in their government and its leadership, and to the long-term health of the US economy. In May, June, and July, CED called on Congress to provide states with funding to conduct a safe, accessible, and credible election in the midst of a pandemic. With the election in progress, and Election Day less than two months away, the states and local communities, with or without federal support—including leaders in the business community—must act to meet those goals. As explained in this Solutions Brief, there is still time to protect voters and poll workers and maintain trust in the conduct and outcome of elections. Fortunately, effective measures are already in force in pockets of the country, with states and election officials needing only to replicate the best preparations and practices nationwide. This brief outlines recommendations policymakers should adopt to improve operations in their jurisdictions. Given the public health challenges involved, business leaders will also play a critical role in protecting their employees, customers, and communities during a successful election. To the extent possible, business leaders should take the concrete steps outlined in the brief to assist in the election effort.
Topic:
Elections, Economy, Business, Domestic Politics, and COVID-19
Political Geography:
North America and United States of America

16. Coronavirus Policy Under a Biden Administration

Author:
Committee for Economic Development of the Conference Board
Publication Date:
11-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
now appears almost certain that former Vice President Joe Biden will assume the office of President on January 20 of next year. The President-elect today announced the membership of a new thirteenmember advisory board of non-governmental experts to develop recommendations so that they can be implemented by his new Administration, further emphasizing that this is the priority focus of his transition. This memo, covering the handling of the coronavirus pandemic, is the first in a series of short pieces to explain what you can expect from the new Administration. Candidate Biden’s campaign laid out in considerable detail a five-point program (counting the number of major headings in the document; some news outlets specified six) for how he would attack the pandemic, which was claimed to be sharply different from the practices under the Trump Administration. President-elect Biden yesterday stood up his new transition website, with what is now characterized as a seven-point plan, which is shorter (a little more than one-seventh the word count) and less-detailed than the campaign document. And the President-elect today announced the membership of a new thirteen-member advisory board of non-governmental experts to develop these recommendations so that they can be implemented by his new Administration.
Topic:
Health Care Policy, Elections, Public Health, COVID-19, and Joe Biden
Political Geography:
North America and United States of America

17. First Hundred Days Plan

Author:
Committee for Economic Development of the Conference Board
Publication Date:
12-2020
Content Type:
Special Report
Institution:
The Conference Board
Abstract:
The Committee for Economic Development of The Conference Board prepared the following analysis and recommendations in the spirit of our founding members, America’s foremost business leaders during World War II, who came together to solve our nation’s crucial postwar economic and social challenges. Similarly, business leaders today, hand-in-hand with policymakers and the American public, must provide a thoughtful response to the COVID-19 crisis and restore confidence in capitalism and our democratic institutions. CED respectfully offers its nonpartisan analysis and recommendations for the first 100 days of the new administration to build a stronger, more resilient, and more responsive economy that provides opportunity and prosperity for all Americans. The objective is to overcome the public health challenge, safely reopen the economy, and get our nation on a path to high levels of employment, production, and consumption—to put our country back to work safely, making capitalism benefit all Americans.
Topic:
Employment, Capitalism, Economy, Public Health, and COVID-19
Political Geography:
North America and United States of America

18. COVID-19’s Impact on Women in the Workplace: Avoiding a Major Setback

Author:
Committee for Economic Development of the Conference Board
Publication Date:
12-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The disproportionate impact of COVID-19 on industries where women are heavily concentrated combined with the virus’s debilitating impact on child care options and in-person schooling threatens progress in the integration and representation of women in the US economy. Even if the reversal proves temporary, as is likely, the career consequences of the pandemic for individual women could have long-lasting effects and slow future progress.1 When talented workers sit on the sidelines or are prevented from fully contributing to the workforce, those workers are not the only ones affected. The economic strength of the entire nation suffers for the duration of those workers’ entire careers, and employers miss out on an important competitive resource. Thus, the impact of COVID-19 on women is a first-order national concern. Women are a vital part of the American labor force, both as nearly half of workers, and, as the primary facilitators of work by others through formal and informal caretaking roles. Even if progress in more fully integrating women into all aspects and levels of the economy has, at times, been slow, it has also been one of the most important sources of strength for the American economy over the past half century.3 The continued lowering of barriers and further economic integration of women into all fields and roles in proportion to their talents remains one of the surest paths to increasing the size, skill, and contributions to innovation of the American workforce.4
Topic:
Women, Employment, Inequality, Economy, COVID-19, and Workforce
Political Geography:
North America and United States of America

19. Smart Regulation in a Post-COVID-19 Economy

Author:
Committee for Economic Development of the Conference Board
Publication Date:
04-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The COVID-19 pandemic has put regulation issues front and center in every American’s life. Within a few short weeks, 41 out of 50 states have issued stay-at-home orders,1 and regulations governing many other aspects of all Americans’ public lives are now imposed because of COVID-19. Among a long list of constraints, nonessential businesses, many of them small businesses, have been required to cease or sharply curtail their services. Schools have been closed, access to parks and outdoor spaces has been restricted, and other staples of all Americans’ public lives, including large gatherings, have been restricted. On the other hand, and more than ever before, Americans have seen other regulations lifted rapidly, particularly in the heavily regulated health care sector. Constraints on testing, laboratories, out-of-state health care workers, vaccine R&D, telemedicine, ventilator production, and infrastructure expansion have been relaxed. Even more extensive relief has addressed the unprecedented havoc that COVID-19 has unleashed on American society, public health, and the economy. Restrictions on work at home, online courses at colleges and universities, the transport of food and alcohol, and hours truck drivers can be on the road are all being lifted or relaxed to meet the demands of the crisis. Restrictions on the production of hand sanitizer and the amount that the Transportation Security Administration (TSA) allows passengers to carry on airplanes have also been relaxed.
Topic:
Regulation, Economy, Business, and COVID-19
Political Geography:
North America and United States of America

20. Technology and Innovation Solutions Must Lead the Way to COVID-19 Recovery

Author:
Committee for Economic Development of the Conference Board
Publication Date:
05-2020
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The COVID-19 pandemic is disrupting the US and world economy with unprecedented speed and scope, drastically altering the daily experiences of millions of Americans. As private and public leaders in the US race to suppress the outbreak and begin reopening the economy, educators, employers, and service providers are seeking new or different ways of doing business to preserve learning, productivity, and well-being. Aided by US capitalism’s long history of boundary-pushing advancements in science and technology, the US response—ranging from tracking the virus’s spread to shifting commerce to virtual tools and platforms—will draw on rapid adoption, adaptation, or improvement of technologies as well as faster-paced innovation. Under pressure of the public health crisis, many organizations will accelerate technologies in their daily practice, advancing the timeline for cutting-edge business and social services. America is in a strong position to innovate to address this and future pandemics. However, it must also address the spotlight COVID-19 has shone on critical shortcomings with US technology, its accessibility, the regulations governing its application and use, and the privacy and public health trade-offs for policy makers and private sector leaders. As this report explains, policy makers and business leaders must address these critical shortcomings with new approaches including: Funding states and localities so all Americans have access to broadband during lockdowns to access services and distance learning; a “digital divide” that was problematic before the crisis is crucial during social and economic restrictions when even some basic services are provided only remotely; Changing regulations—some temporarily, others permanently—to support innovation and experimentation to address the immediate and potential future public health crises, including relaxing restrictions to speed vaccine development, expanding telemedicine, and improving monitoring and tracking of the outbreak; Removing unnecessary roadblocks to faster and more effective adoption of digital tools to improve remote work, medicine, and learning capabilities while protecting data privacy; and Replacing outdated public-sector IT systems to increase flexibility and reliability in providing relief and serving families and businesses. After this crisis, technological innovation will remain critical to the nation’s economic strength—ensuring that the US remains globally competitive and achieves prosperity. The US must use this moment as a turning point, not only to address the immediate crisis but to bolster its technology and innovation edge to compete globally and respond to unforeseen challenges and crises in the long term.
Topic:
Science and Technology, Business, Innovation, COVID-19, and Digital Policy
Political Geography:
North America and United States of America